Could poor management cost you your best employees?

Almost half of the UK workforce (47%) expect to be looking for a new job this year, according to research from Investors in People (IIP).

The Job Exodus Survey 2018 poll of 2,000 people revealed that the biggest reason for wanting to change job was poor management (49%). This was followed by 43% feeling they could earn more elsewhere, and 29% feeling undervalued by their current employers.

There has been a small improvement in job satisfaction from last year, when 59% said they were seeking a new job. However, one in four are still unhappy in their current role.

The survey also found that almost 44% of respondents said they would feel happier in their jobs if given a small pay rise. The survey also suggested that schemes such as remote working may help to boost motivation, with a third (31%) saying they’d choose a more flexible approach to work over a 3% pay rise.

Brexit was also highlighted as a key concern, with 23% of respondents believing that Britain’s decision to leave the EU would negatively impact their job security.

Investors in People CEO Paul Devoy said: “In a year where unemployment has reached its lowest level since 1975, but wages have stagnated, the improvements to the labour market have failed to translate to the pockets of UK workers.

“With 49% of workers citing poor management as the main reason they’re considering looking for a new job, management strategies must evolve to meet the demands of employees if organisations are to retain staff.”

To avoid losing their most talented employees, employers and managers should learn the techniques needed to help their staff achieve employee engagement.

The Deminos eLearning course on leadership skills will help explain differences between being a manager and a leader, key management theories, how to develop both a team and individuals, communicating on a one-to-one basis, and forward planning.